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Industry Experts Weigh Up Euro's Survival Chances

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FX Week staff

04 Jan 1999

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LONDON--As traders get to grips with the arrival of the euro this week, senior trading staff and strategists at top FX banks are expressing mixed feelings about the currency's prospects. FX Week interviewed experts at 20 institutions during December and found that most are sounding a note of guarded optimism.

Many believe, in the short term, that cautious trading and low volumes are likely to give the project a rocky start.